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Receivables | 6 Months Ended
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Jun. 30, 2025
Receivables [Abstract] |
Receivables |
14) | Receivables
Receivables consist of the following: Schedule of Receivable
|  | As of June 30, 2025 |  |  | As of December 31, 2024 |
Contracts with customers |  | $ | 7,043,636 |  |  | $ | 7,095,589 |
Receivables from sales agents |  |  | 4,094,413 |  |  |  | 4,028,881 |
Other |  |  | 5,821,672 |  |  |  | 6,412,804 |
Total receivables |  |  | 16,959,721 |  |  |  | 17,537,274 |
Allowance for credit losses |  |  | (1,491,043 | ) |  |  | (1,678,531 | )
Net receivables |  | $ | 15,468,678 |  |  | $ | 15,858,743 |
The Company records an allowance for credit losses for its receivables in accordance with GAAP. The following table presents a roll forward of the allowance for credit losses as of the dates indicated: Schedule of Allowance Credit Losses
|  | Three Months Ended |
Beginning balance - March 31, 2025 |  | $ | 1,632,099 |
Change in provision for credit losses (1) |  |  | (104,209 | )
Charge-offs |  |  | (36,847 | )
Ending balance - June 30, 2025 |  | $ | 1,491,043 |
Beginning balance - March 31, 2024 |  | $ | 1,755,553 |
Change in provision for credit losses (1) |  |  | 31,494 |
Charge-offs |  |  | (16,136 | )
Ending balance - June 30, 2024 |  | $ | 1,770,911 |
(1) | Included in other expenses on the condensed consolidated statements of earnings
|  | Six Months Ended |
Beginning balance - December 31, 2024 |  | $ | 1,678,531 |
Change in provision for credit losses (1) |  |  | (88,067 | )
Charge-offs |  |  | (99,421 | )
Ending balance - June 30, 2025 |  | $ | 1,491,043 |
Beginning balance - December 31, 2023 |  | $ | 1,897,887 |
Change in provision for credit losses (1) |  |  | (87,003 | )
Charge-offs |  |  | (39,973 | )
Ending balance - June 30, 2024 |  | $ | 1,770,911 |
(1) | Included in other expenses on the condensed consolidated statements of earnings
SECURITY NATIONAL FINANCIAL CORPORATION AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements June 30, 2025 (Unaudited)

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- Definition The entire disclosure for claims held for amounts due to entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/310-10/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482925/835-30-45-2 + Details
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